SOURCE: Qualmark Corporation

April 05, 2005 06:00 ET

QualMark Corporation Sells Multiple Typhoon Chambers to a First Tier Airbus Supplier

DENVER, CO -- (MARKET WIRE) -- April 5, 2005 -- QualMark Corporation (OTC BB: QMRK) today announced a multi-unit sale of its mid-sized Typhoon Chambers to Airbus' largest commercial avionics supplier.

These test chambers have been purchased to support additional testing capacity on the core electronic components of the new A380 Airbus. This sale occurred during the first quarter of 2005.

"Receiving a multiple unit order from the largest commercial avionics suppliers to Airbus strengthens QualMark's position in the multi-billion dollar avionics industry," said Charles Johnston, President and CEO of QualMark. "This order is very encouraging to QualMark, as it marks the 10th Typhoon unit sold to the commercial avionics manufacturer, which places it as one of the fastest growing users of Highly Accelerated Life Testing (HALT) and Highly Accelerated Stress Screening (HASS) in the world. It also proves that companies have embraced the technology and have integrated HALT and HASS into their quality programs, throughout multiple product lines," concluded Mr. Johnston.

QualMark Corporation, headquartered in Denver, Colorado, is the leader in designing, marketing and manufacturing accelerated life-testing systems providing the world's largest corporations with solutions that improve product reliability and allow them to get to market faster. The Company has installed more than 600 of its proprietary testing systems in 25 countries. The Company operates and partners with ten testing facilities worldwide.

The Company also offers electrodynamic vibration solutions through its subsidiary, QualMark ACG Corporation.

QualMark ACG Corporation, headquartered in West Haven, Connecticut, is the leader in supplying electrodynamic systems, components and service to the worldwide vibration test equipment market. QualMark ACG provides turn-key vibration testing systems consisting of factory rebuilt/upgraded electrodynamic systems, new QualMark ACG built solid state power amplifiers and new digital vibration controllers. For over 30 years, QualMark ACG (formerly ACG Dynamics, Inc.) has been supplying quality replacement parts and field service for most brands of vibration equipment.

The statements included in this press release concerning predictions of economic performance and management's plans and objectives constitute forward-looking statements made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. These statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors which could cause or contribute to such differences include, but are not limited to, factors detailed in the Company's Securities and Exchange Commission filings; downturns in the Company's primary markets; variability of order flow, future economic conditions; competitive products and pricing; new product development; disruptions in the Company's operations from acts of God or extended maintenance; transportation difficulties; or the delivery of product under existing contracts and other factors.

Contact Information

  • Contact:
    QualMark Corporation
    Charles Johnston
    President and CEO
    Anthony Scalese
    CFO
    303/254-8800
    www.qualmark.com